Bamboo Market Poised to Grow at a 10.9% CAGR from 2024 to – GlobeNewswire

The bamboo market is expected to see significant growth with a compound annual growth rate (CAGR) of 10.9% from 2024. This growth is projected to continue as demand for sustainable and eco-friendly products rises. Bamboo is a versatile material used in various industries such as construction, textiles, and furniture. Its rapid growth rate and high strength make it a popular choice for environmentally conscious consumers. With the increasing focus on sustainability, the bamboo market is poised for steady expansion in the coming years.

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